Nebraska’s Public Service Commission has approved the Keystone XL Pipeline, but not TransCanada’s preferred route.
In a 3-2 vote Monday, the commission ruled the $10 billion project can be built along a mainline route through the state, east of the way TransCanada was hoping for.
“As a result of today’s decision, we will conduct a careful review of the Public Service Commission’s ruling while assessing how the decision would impact the cost and schedule of the project,” said Russ Girling, TransCanada’s president and chief executive officer in a statement.
The project, which would send Alberta bitumen to U.S. refineries, was first proposed in 2008 and while it received approval from the Canadian government, former U.S. President Barack Obama vetoed a bill that would approve construction in 2015 only to revived by President Trump earlier this year.
The NDP are welcoming the news with Premier Rachel Notley saying this pipeline will mean greater energy security for all North Americans by making sure people have access to Alberta’s responsibly developed energy resources.
“This is another step in our broader effort to bring more Alberta oil to the world, diversify our markets and maximize the value we as Albertans get. Today, U.S. decision makers carefully considered a pipeline and granted an approval,” said Premier Notley in a statement.
In a tweet, Minister of Energy Margret McCuaig-Boyd says today’s Keystone XL decision out of Nebraska is good news for Alberta.
This decision does not change or lessen our support for the Trans Mountain pipeline. We will not back down in our efforts to get a pipeline to tidewater – the best way to sell our oil for better prices in new global markets. #ableg
— Marg McCuaig-Boyd (@MargMcCuaigBoyd) November 20, 2017
Monday’s decision comes just days after part of TransCanada’s Keystone pipeline spilled roughly 795,000-litres of oil in Marshall County, South Dakota Thursday. The cause of the leak remains under investigation.